Retail Workspace Furniture Business For Sale

Business description

This is a 20 year old business specializing in selling workspace (home office -50% and small office -50%) furniture. Their customers are typically high income home and business owners. They have 2 strategic locations that cover the San Francisco Bay Area and surrounding areas. They have a well laid out, informative website that brings in many customers. The business`s niche comes from two areas, first their specialty of workspace furniture and second, their unique sales approach. This approach starts with encouraging the client to pay for a consultation. Then a space planner/sales consultant will visit the space and devise a unique plan tailored to the client`s needs. The client will then receive a CAD drawing and product literature showing the various options. This approach leads to a high percentage of closed sales. The purchase price includes 200k inventory and 100k of display inventory. All this for only 390K. After a lifetime in retail the seller wishes to retire. He has worked P/T for the past several years and the business have done well.

Property information

Real Estate:

Lease

Lease terms:

Bldg Size (SqFt): 8,726
Rent: $12,235 NNN: $0
Lease Exp: mo to mo New Lease? No
Option Yrs: 0 Sec. Dep: $13,068

Other information

Support & training:

3 Weeks, 25 Hours Per Week

Reasons for selling:

Retirement

Trading hours:

M-F 10-6 Sat 10-5

Inventory / Stock value:

$200,000 (included in the asking price)